Is depreciation mandatory to claim on property which is let/ rented out coz depreciation is mandatory to claim only where assets is used for business or profession but in case of property let out it is not used for any business or profession and also had depreciation not claimed indexation benefit can be taken. Suggest
Thanks in advance

Is service tax applicable to a professional footballer if he receives professional fees from a club?

Hi
I Would like to know what all Transactions are covered in Specified Domestic Transactions

As per Sec 40 (a) 2 (b)

Dear Sir,

I am A manufacturer of Cable wire,
I purchase Semi finished Cable from a importer & than process it (covering cable with plastic coating)and sold them to cable operators and on retail also.

for example:
I purchase one drum of semi finished coaxial cable of copper length 4000 Mtr than, I cover it with plastic coating & make 40 roll of 100 mrt each and than sold.

my last year turnover was 80 lakh

please tell me is i am liable under central excise,

A Company has taken on rent a store for the period of 25 years for running retail business.
Will wealth tax be payable bye lessee i.e. Company in this case where lease tenure is more than 15 years,where wealth tax liability shifts from Lessor to Lessee

Is it mandatory for an auditor to intimate the ROC about his appointment as Statutory auditor of a company within 30days of receipt of intimation from Co.

As per the Provisions of sec.92BA whether the transactions of purchase in excess of Rs.5 crores entered between proprietorship firms of husband & wife covered? Applicability of 92BA section from which AY?

If yes in which format reporting is to be done of arms length price?

Can anyone email me a project report for bank loan for construction of school building.

My email id is - dronbharadwaj@yahoo.co.in

Thanking you in anticipation.

which ROC compliance forms have to be submitted annually by LLP???

i have a query i filed refund applicaTION ONLINE IN SERVICE TAX ON 18.02.2012 HOWEVER DUE TO SOME CONFUSION FILED HARD COPY WITH DOCUMENTS IN JULY 2013 AND AS PER LIMITATION I WAS TO FILE BEFORE 31/07.MY CONTENTION IS THAT WHEN I HAVE FILED MY APPLICATION ONLINE THAT SHOULD BE TREATED AS DATE OF FILING BUT THE COMPETENT AUTHORITY IS ASKING FROM ME ANY ORDERS OF HIGHER AUTHORITIES IN THIS REAGED SO PLS HELP AND ADVICE